About National Stock Exchange
NSE is the largest stock exchange in India and a global leader in derivatives and equities trading. NSE has played a major role in reforming the India securities market industry using state-of-art information technology to provide an efficient and transparent trading, clearing and settlement system. NSE is now playing a catalyst role in meeting industry skills in financial market through joint courses with IIM, universities, Colleges and school boards.
The National Stock Exchange (NSE) is the largest electronic stock exchange in India in terms of daily turnover and number of trades, for both equities and derivatives trading. NSE operates a nation-wide, electronic market, offering trading in various financial instruments.
NSE started its operations in August 1994, in the Wholesale Debt Market segment. This segment provides trading in a wide range of fixed income securities which include government securities, treasury bills, bonds, etc. The other market Segments at NSE are the Capital Market, Derivatives Market and Currency Derivatives segments. The Capital Market segment provides trading in equities, preference shares, ETFs, Retail Government Securities etc.
NSE today accounts for nearly 70% of the total trading value of all stock exchanges in India in equities. Derivatives trading commenced in India in August 2000. Currently, NSE provides trading in futures and options on indices and 190 single stocks. NSE has established itself as the market leader in this segment in the country with more than 98% market share.
The Currency Derivatives Segment was launched in 28 August 2008, with trading in contracts on US Dollar – Indian Rupee. Trading in Currency Futures contracts in Euro-INR, Pound Sterling-INR and Japanese Yen-INR in the Currency Derivative Segment (CDS) commenced from February 01, 2010. Interest Rate Futures were introduced at NSE on August 31, 2009.
The Exchange has around 1,271 trading members who are connected to the Exchange through advanced communication technology. NSE’s trading facility is available in over 1500 cities across India, through more than 250,000 trading terminals. It ranks fourth in the world in terms of number of transactions and third in terms of number of contracts in index futures, stock futures and index options.
